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Index Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

S&P 600 Transportation (Industry Group) (CME:SP600-2030)

Long-Term Downtrend (-90) - SP600-2030 is in a strong downtrend that is likely to continue. While SP600-2030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-2030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-2030.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP600-2030
Open High Low SP600-2030 Price Change
1539.59 1541.53 1491.32 1519.22 -1.90
Entry Signal

MarketClub’s Trade Triangles for SP600-2030

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 1742.31

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2022 at 1538.60

short term down The short-term trend has been DOWN since May 19th, 2022 at 1530.48

Smart Scan Analysis for SP600-2030

Based on our trend formula, SP600-2030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-2030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1539.59 1541.53 1491.32 1519.22 -1.90
Prev. Close Volume Bid Ask Time
1519.22 4357335 2022-05-20 17:03:16
52wk High1260.6652wk High Date2018-08-21
52wk Low986.9252wk Low Date2018-10-26
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